For Sale
$575,000

120 Atares AveDaytona Beach, FL 32118

Prime RMF-2 zoned multifamily land, near ocean.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Daytona Beach Shores investment property, located at 120 Atares Avenue, offers a unique blend of existing income and significant development potential. The 24,829.2 square foot lot, zoned RMF-2, allows for the construction of up to 19 units, making it ideal for a variety of projects including prestigious condominiums, a boutique hotel, or upscale residential development. The property's strategic location near both the Halifax River and the Atlantic Ocean provides unparalleled access to desirable amenities and breathtaking views. Currently, a charming one-bedroom, one-bathroom home sits on the property and is utilized as a short-term rental, generating immediate cash flow. Built in 1956, this property encompasses eight individual lots, presenting a rare opportunity to acquire a substantial land parcel in a highly sought-after coastal location. The asking price for this multifamily, retail, and land opportunity is $575,000. This property is classified as commercial, apartment building, business, and duplex/triplex/quadruplex. Don't miss this chance to capitalize on the thriving Daytona Beach Shores real estate market.

Highlights

  • Exceptional Daytona Beach Shores investment property at 120 Atares Avenue, offering existing income and significant development potential.
  • 24,829.2 sq ft lot zoned RMF-2, allowing up to 19 units; ideal for condos, hotel, or residential development.
  • Prime location near Halifax River and Atlantic Ocean, offering stunning views and desirable amenities.
  • Currently generating cash flow as a short-term rental (one-bedroom, one-bathroom home).
  • Eight individual lots comprising a substantial land parcel in a highly sought-after coastal location.
  • Asking price: $575,000.

Property Details for 120 Atares Ave

Property type
Retail properties, Land
Year Built
1956

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.1595489
Longitude
-80.9753324
120 Atares Ave, Daytona Beach, Florida

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Contacts

Timothy Kostidakis
Timothy Kostidakis
Visit Broker Website

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120 Atares Ave, Daytona Beach, Florida, 32118

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

120 Atares Ave
  • Timothy Kostidakis
    Timothy Kostidakis
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